Business

China tourists to Lanka decline, follows Maldives trend

Maldives and neighbours Sri Lanka had seen a boom in tourism from the Chinese market for the past four years. However, new statistics produced from Lanka has shown the numbers have started to recede.

Reports produced from the Sri Lankan Tourism Development Authority indicated a rise in tourist figures during initial months of this year, however the trend has been reversed in recent months. While tourism saw an increase of 21 percent compared to last year's start, February's tourist figure was registered at 57,050, which is a two percent fall compared with last year's figure.

Last year's February had accounted for 58,269 visitors.

Head count for the first six months of 2017 on Chinese visitors have also plummeted with a figure of 163,189. A direct 0.2% decline from last year's visitor count of 163,473.

Meanwhile, neighboring Maldives has also suffered loss in the Chinese market, as visitors for the first half of 2017 was recorded at 141,495. This is a significant 10.3% drop compared to last year's count of 157,764.

Chinese travelers have been on downward slope in recent months, while many believe it is possible due to rising Yuan values.